Tuesday, May 08, 2007

Dendreon Option Premiums Remain Astronomical

by Jon C. Ogg
24/7 Wall St.



Dendreon (DNDN-NASDAQ) has only up to 4 full trading before that May 15 FDA review date. The funny thing here is that the options have actually become more expensive since reporting on this last week. The current $17.50 straddle would run $12.90 for the May expiration on the Put and Call strike prices.

Continue article at 247WallSt.com



RELATED READING:
- Dendreon, A Biotech Gift That Keeps On Giving!
- Dendreon's New 'Hold' Rating at A.G.Edwards
- Dendreon: Countdown to FDA

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